English

The Swedish Covered Bond Corporation (SCBC) Year-end report 2013

Report this content

July-December 2013 (January-June 2013)

  • Profit excl. net result from financial transactions amounted to SEK 429 million (504)
  • Operating profit totalled SEK 336 million (405)
  • NII amounted to SEK 787 million (864)
  • Expenses totalled SEK 314 million (342)
  • Loan losses amounted to SEK 2 million (positive 23), corresponding to a loan loss level of 0.00 percent (-0.02)
  • The Core Tier 1 capital ratio was 58.8 percent (55.5) without taking the transitional regulations into account and 10.6 percent (10.5) taking the transitional regulations into account

January-December 2013 (January-December 2012)

  • Profit excl. net result from financial transactions amounted to SEK 933 million (1,128)
  • Operating profit totalled SEK 741 million (-194)
  • NII amounted to SEK 1,651 million (1,787)
  • Expenses totalled SEK 656 million (587)
  • Loan losses amounted to a positive SEK 21 million (positive 13), corresponding to a loan loss level of -0.01 percent (-0.01)
  • The Core Tier 1 capital ratio was 58.8 percent (33.6) without taking the transitional regulations into account and 10.6 percent (10.3) taking the transitional regulations into account

For further information, please contact: 
Lennart Krän, CEO, SCBC 
Telephone: +46-8-614 43 94, lennart.kran@sbab.se

Adrian Westman, Communications Manager, SBAB 
Telephone: +46-8-614 43 29, adrian.westman@sbab.se

The Swedish Covered Bond Corporation, “SCBC”, is a wholly owned subsidiary of the Government-owned SBAB Bank AB (publ). SCBC is a credit market company whose primary operations involve the issuance of covered bonds in Swedish and international markets. Learn more at www.sbab.se/investor

Tags:

Year-End Report SCBC

Documents & Links